Mimedx Group Inc (NASDAQ:MDXG) shares traded on -3.28% down secure line and closed at $14.46. The stock exchanged hands 1.26 Million shares versus average trading capacity of 1.64 Million shares. It has a market cap of $1.68 Billion.

Wall Street analysts are predicting that Mimedx Group Inc (NASDAQ:MDXG) will report earnings per share of $0.07 in their quarterly report. For the current quarter Mimedx Group Inc (NASDAQ:MDXG) has high EPS estimates of $0.08 in contradiction of low EPS estimates of $0.06. However a year ago for the same quarter the company has reported $0.05 EPS. Average estimation for the current quarter has been provided by 6 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

Mimedx Group Inc (NASDAQ:MDXG) has average revenue estimates of $74.22 Million, compared to low analyst estimates of $73.59 Million and high estimates of $74.81 Million for the current quarter. A total number of 6 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $304.65 Million compared to low analyst estimates of $298.42 Million and high estimates of $307.13 Million according to the prediction of 6 analysts.

Taking a broader look at the analyst consensus, according to 7 analysts Mimedx Group Inc (NASDAQ:MDXG)’s price will reach at $14.71 during 52 weeks. Its minimum price target estimates has been figured out at $7 while the maximum price target forecast is established at $20.

On the other hand Mimedx Group Inc (NASDAQ:MDXG) has Relative Strength Index (RSI 14) of 43.28 along with Average True Range (ATR 14) of 0.55. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently Mimedx Group Inc (NASDAQ:MDXG)’s weekly and monthly volatility is 3.46%, 3.76% respectively.